Mercados libres

No, it isn't Blackstone, and the boomers didn't take it all. Timothy Terrell separates the housing myths from the real reasons you can't afford a house.

We assume people are self-interested in the market and selfless in government. Tate Fegley on why dropping that double standard explains almost everything about how the state actually behaves.

A trade deficit sounds like losing—buying more than you sell. Lucas Engelhardt on why that 200-year-old intuition is exactly backwards, and what a deficit actually means.

Tuition is up 1,200% since 1980. Enrollment is about to fall off a cliff. Peter Klein argues the real problem isn't any of the things people usually name.

A Nobel laureate says some markets are too repugnant to allow and need clever redesign instead. Sandy Klein has a simpler answer: repugnance is just a preference, and the price system already knows what to do with it.

Sociologists blame job instability. Legal scholars blame deregulation. Jeffrey Degner noticed all the clues point back to the same address: the Federal Reserve.

Thatcher, Clinton, Obama, Trump—everyone gets called a neoliberal, which is why most free-market economists say the word means nothing. Tho Bishop argues it names something precise.

Everyone wants the one key to economic growth—capital, or technology, or trade. Shawn Ritenour argues there is no single key, and that's exactly what the models keep missing.

Rent control's cruelest irony: it makes discrimination cheaper. Joseph Salerno on the long-run effects of price caps that almost no one sees coming.

Aunque resulte tentador considerar que el éxito económico de Singapur y Hong Kong es similar, en realidad existen diferencias muy marcadas entre ambos. Hong Kong se ha desarrollado gracias al laissez-faire y al emprendimiento, mientras que Singapur está mucho más orientado hacia el Estado.